BPT 0.39% $1.27 beach energy limited

a buy or wait, page-13

  1. MJS
    2,280 Posts.
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    Only really started reading a bit about BPT today, and seems good value - as do a few other oil stocks (such as AMU that I hold).

    Something interesting is comparing the SP performance: AMU; BPT; WPL; ROC. Although there are slight difference, the trends on ALL of them are remarkably similar - which seems to indicate they are being heavily driven by oil / gas prices and sector sentiment rather than pure fundamentals.

    What does this mean? Not much, except that if they are good stocks, and perform financially, "time" will see re-ratings occur.

    MJS
 
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